Active Stocks
Mon Mar 04 2024 15:59:52
  1. Tata Steel share price
  2. 153.10 -1.32%
  1. NTPC share price
  2. 353.80 3.50%
  1. Bharti Airtel share price
  2. 1,137.00 0.57%
  1. Larsen & Toubro share price
  2. 3,643.95 -0.28%
  1. Power Grid Corporation Of India share price
  2. 294.45 2.63%
Business News/ Brand Stories / All about Bajaj Finserv Balanced Advantage Fund: NFO closes on December 8, 2023
BackBack
BRAND POST

All about Bajaj Finserv Balanced Advantage Fund: NFO closes on December 8, 2023

This fund stands out with its innovative approach, combining financial insights and behavioural sciences to guide investors through the complexities of the market

Bajaj Finserv AMC has launched its recent offering, the Bajaj Finserv Balanced Advantage Fund. Premium
Bajaj Finserv AMC has launched its recent offering, the Bajaj Finserv Balanced Advantage Fund.

Balanced advantage funds are a popular category of mutual funds that offer investors a dynamic and balanced investment approach. By actively managing the allocation between equity and debt instruments, balanced advantage funds strive to adapt to changing market conditions and deliver relatively steady returns. In line with this philosophy, Bajaj Finserv AMC has launched its recent offering, the Bajaj Finserv Balanced Advantage Fund. This fund stands out with its innovative approach, combining financial insights and behavioural sciences to guide investors through the complexities of the market.

Launched on November 24 and open for subscription until December 8, 2023, the Bajaj Finserv Balanced Advantage Fund introduces a distinctive strategy that balances quantitative analysis and human behaviour. This combination aims to provide investors with an edge, navigating market fluctuations and optimizing returns.

Key features of Bajaj Finserv Balanced Advantage Fund

Adaptive asset allocation: Responding to market dynamics, the fund dynamically adjusts its asset allocation, offering flexibility to optimize returns and manage risk effectively.

Strategic returns optimization: Actively seeking growth opportunities, the scheme focuses on investment decisions aligned with its dynamic allocation strategy.

Vigilant risk management: The fund vigilantly monitors potential risks, aiming to limit the impact of market volatility on invested capital.

Market volatility navigation: Crafted to navigate market fluctuations, the fund's strategy provides relative stability, minimizing the impact of sudden market movements on your investment.

Adaptability to change: In the ever-evolving investment landscape, the fund is equipped to adapt to change, trying to ensure that your portfolio remains resilient and responsive to market dynamics.

Long-term perspective: Ideal for investors with a long-term horizon, the fund's strategy aligns with the goal of capitalizing on the potential of equities over an extended period, emphasizing sustained growth.

Who should consider this scheme?

This innovative scheme is suitable for investors who:

  • Desire dynamic asset allocation in their portfolio.
  • Seek diversification to manage risk effectively.
  • Prefer professional fund management to navigate market complexities.
  • Aspire for potential capital appreciation over the long term while mitigating downside risk.
  • Have a long-term investment horizon and value the benefits of sustained growth over time.

NFO details of Bajaj Finserv Balanced Advantage Fund

NFO Period:  November 24, 2023 - December 8, 2023

Minimum Application Amount: 

Lumpsum: Rs. 500 and in multiples of Re. 1.

Systematic Investment Plan (SIP):

  • From Rs. 500 up to Rs. 1,000: minimum 60 instalments.
  • Above Rs. 1,000: minimum 6 instalments.

Plan:

Bajaj Finserv Balanced Advantage Fund – Direct Plan

Bajaj Finserv Balanced Advantage Fund – Regular Plan

Benchmark Index

NIFTY 50 Hybrid Composite debt 50:50 Index

Load Structure/Lock-In Period

Entry load – Not applicable

Exit load – 1% of applicable NAV if excess of 8% of units allotted redeemed/switched out within 6 months from the date of allotment.

Nil, if redeemed/switched out after 6 months from the date of allotment.

The scheme will not levy exit load in case the timelines for rebalancing portfolio as stated in SEBI circular dated March 30, 2022, is not complied with.

Bajaj Finserv Balanced Advantage Fund presents a solution to the challenge of emotional decision-making. The fund's ability to navigate market volatility, adapt to change, and provide a long-term perspective further enhances its appeal. 

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.

Disclaimer: This article is a paid publication and does not have journalistic/editorial involvement of Hindustan Times. Hindustan Times does not endorse/subscribe to the content(s) of the article/advertisement and/or view(s) expressed herein. Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the view(s), opinion(s), announcement(s), declaration(s), affirmation(s) etc., stated/featured in the same. This information does not constitute a financial advice.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Check all the latest action on Budget 2024 here. Download The Mint News App to get Daily Market Updates.
More Less
Published: 01 Dec 2023, 06:15 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App